Guest Posted December 12, 2002 Report Share Posted December 12, 2002 careful there, MaxxP. Good way to lose money in a hurry if yurrrr a newbie. To MP, and all you other newbies out there who feel enthusiastic and invulnerable, BARE is waving the red underwear at you. Thank you, BARE, for this service. It is most important to keep in mind that this is an educational channel, and the first thing you need to learn here is that no matter how easy it may appear to be, making money in the u-no-what ain't. And that there are many more ways to lose it than to make it. And that the u-no-what will seek out and identify your own personal weaknesses (like excessive greed, for example) and do its level best to take you down by exploiting them. Remember that Pogo quote? So what's a newbie to do? My advice is to learn as much as possible by simply staying tuned to this station, subscribing to The Anals (which will ultimately save you tons of money as well as heartache) and initially keep your trading small scale and unleveraged. Resist the temptation to go whole hog and bet the farm on anything. 'Cause no matter how certain anything might appear to be at the time, the one certainty in this game is that nothing and I mean nothing is certain. Betting the farm on things will, sooner or later, lead to you're buying the farm. So be prepared in advance to know exactly what you will do when you are wrong about things. There's more than one answer to this, of course, but the important thing here is to be consistent and never without a plan. Remember what blackbelt (hopefully not just of Blessed Memory) always used to say - Plan your trade and trade your plan. And if you don't have a plan then do nothing 'till you have one. There will always be opportunities. And if you have questions post them. That, in part, is what the rest of us are here for. Most of your time should be spent in continued observation and learning and giving thanks for the powerful resource that this community of ours is. The preceding was brought to you as a public service. Link to comment Share on other sites More sharing options...
PileDriver Posted December 12, 2002 Report Share Posted December 12, 2002 $$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$$$$$$$$$$$$$$$$$$$$$ Thank you Doc and SG. Link to comment Share on other sites More sharing options...
K Wave Rider Posted December 12, 2002 Report Share Posted December 12, 2002 Stick a fork in this piggie, it's done. 6800 here we come! Link to comment Share on other sites More sharing options...
GregFokker Posted December 12, 2002 Report Share Posted December 12, 2002 The US Dollar Credit: http://quotes.ino.com Gold Credit: http://cdchart.innovative-software.com Link to comment Share on other sites More sharing options...
Drano Posted December 12, 2002 Report Share Posted December 12, 2002 HUI above 135. Thor, great call over at Outpost 29. Link to comment Share on other sites More sharing options...
Guest Posted December 12, 2002 Report Share Posted December 12, 2002 Looks like they are running into the homebuilder for safety. That is a mistake. Getting ready to double my KBH short. Just giving them a bit more rope. Link to comment Share on other sites More sharing options...
sweefraapp Posted December 12, 2002 Report Share Posted December 12, 2002 Welcome K. Hope your new squeeze is treatn' you right. Link to comment Share on other sites More sharing options...
Wyatt Burp Posted December 12, 2002 Report Share Posted December 12, 2002 Great, great advice, Gladdie. Very easy to get irrationally exuburant (sp?). Think I better copy and paste your advice and reread it every once in a while. Link to comment Share on other sites More sharing options...
sweefraapp Posted December 12, 2002 Report Share Posted December 12, 2002 MXIM weekly. Link to comment Share on other sites More sharing options...
ThorAss Posted December 12, 2002 Report Share Posted December 12, 2002 Drano, 10-Q. It was a team efFART. Link to comment Share on other sites More sharing options...
K Wave Rider Posted December 12, 2002 Report Share Posted December 12, 2002 Tanks Sweef, Life is good and my trading is back in sync as well! Link to comment Share on other sites More sharing options...
IrishJew Posted December 12, 2002 Report Share Posted December 12, 2002 Allright gold bugs, steady......steady.....don't get cocky!! Link to comment Share on other sites More sharing options...
Yoshaviah Posted December 12, 2002 Report Share Posted December 12, 2002 SLGLF? It appears to be a little over bought at this point, BUT that depends on your time horizon. SLGLF is about the smallest of the small in the mining sector. The mining sector is about 1/10th of the size of GE and what is that compared to the 50 billion a day that moves in the equities markets every day? And what is the equities markets to the 350 billion that moves in the bond markets? And what is the bond market to the 1.5 trillion that moves on the FOREX? Well, at least, is has leverage :grin: Link to comment Share on other sites More sharing options...
PileDriver Posted December 12, 2002 Report Share Posted December 12, 2002 Today's price chart, hmmmmm, where have I seen that before?! I know! Last night in my Anals! Bwhahahahahaha Link to comment Share on other sites More sharing options...
mksloth Posted December 12, 2002 Report Share Posted December 12, 2002 While waiting, can someone answer this? What exactly is a fair market estimate. Is this when one buys and hopes? Link to comment Share on other sites More sharing options...
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